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Silver

Silver Producer Index Retreats from Resistance

By Jordan Roy-Byrne CMT, MFTA •Posted on March 10, 2014

The TDG Silver Producer index recently hit multi-month resistance and has since declined.

Weekly 1-year chart:

mar9silverproducers

Chart going back to the 2011 peak:

mar10silverstockslt

Analysis of these charts is available for premium subscribers in regular premium updates. Consider a premium subscription. 

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I’m Jordan Roy-Byrne, CMT, MFTA the editor and publisher of TheDailyGold.com and TheDailyGold Premium, our premium publication which emphasizes market timing and stock selection for precious metals investors. I’m a Chartered Market Technician and Master of Financial Technical Analysis. My Masters Thesis, which earned me the MFTA designation was published in the International Federation of Technical Analysis Journal. Read more →

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